In Short : Tata Power reports a 2% rise in Q3 profit to ₹1,076 crore, with a 3% increase in revenue. This financial performance indicates steady growth for the company, likely attributed to its involvement in the power sector and ongoing efforts in the renewable energy space. In Detail : For the first nine months […]
Tata Power shares rise 2% after solar arm bags order from NTPC – EQ
In Short : Tata Power’s shares have surged by 2% following its solar arm securing an order from NTPC (National Thermal Power Corporation). This positive market response indicates investor confidence in Tata Power’s renewable energy initiatives and the potential positive impact on the company’s financial performance. In Detail : Tata Power Solar Systems has signed […]
World Economic Forum recognises Tata Power subsidiary TPRMG as people-positive accelerator of clean energy adoption in rural India – EQ
In Short : The World Economic Forum recognizes Tata Power subsidiary TPRMG as a people-positive accelerator for clean energy adoption in rural India. This acknowledgment highlights the company’s efforts in promoting sustainable and inclusive clean energy solutions in rural areas. In Detail : TP Renewable Microgrid (TPRMG), a wholly owned subsidiary of Tata Power- one […]
Tata Power becomes sixth Tata group company to cross Rs 1 lakh crore market cap- EQ
In Short : Tata Power has achieved a significant milestone by becoming the sixth Tata Group company to surpass a market capitalization of Rs 1 lakh crore. This accomplishment reflects the company’s robust performance and investor confidence, solidifying its position within the Tata Group. In Detail : Shares of Tata Power jumped more than 10 […]
Tata Power Shares Up 4% After Transmission Project Acquisition – EQ
In Short : Tata Power shares rise by 4% following the acquisition of a transmission project. The market’s positive response reflects investor confidence in Tata Power’s strategic moves and expansion in the transmission sector. In Detail : Shares of Tata Power jumped 4 per cent in early trade on Monday morning after the company declared […]
Tata Power to invest Rs 60k crore till FY’27, bulk of it in renewable capacity – EQ
In Short : When asked about the future of its generating capacity in Trombay in Mumbai, Sinha said the government wants the company to continue utilising a 500 mw coal-fired plant even after the current deadline for shutting down the old plant ends in March 2024. In Detail : Tata Power will be investing Rs […]
Tata Power encourages employees to adopt zero-emission mobility to fight air pollution in Delhi NCR – EQ
In a major thrust to improve air quality in Delhi NCR, Tata Power, one of India’s largest integrated power companies, yesterday launched a special program to incentivize its employees to switch to EVs. This announcement is aligned with Tata Power’s ‘Sustainable is Attainable’ movement, which encourages adoption of green energy solutions and products to commit […]
CRISIL upgrades outlook on Tata Power to ‘positive’ on profitability view – EQ
In Short : This upgrade suggests that Tata Power is making significant strides in terms of financial performance, which is a testament to the company’s efforts and strategic decisions. A positive outlook can open up new opportunities for Tata Power and further enhance its position in the industry. In Detail : Tata Power on Wednesday […]
Tata Power receives the first set of BESS from TATA AutoComp for its Energy Storage Park – EQ
In Short : Tata AutoComp also inaugurated its manufacturing facility for state-of-the-art Battery Energy Storage System (BESS). The plant was inaugurated by Dr. Praveer Sinha, CEO&MD, Tata Power and Mr. Arvind Goel, Chairman, Tata AutoComp Systems Limited. In Detail : Bangalore : Tata Power has received the first set of Battery Energy Storage Systems (BESS) […]
Tata Power Q2 net profit up 9% to 1,017 crore – EQ
In Short : Tata Power, one of India’s leading power companies, reported a 9% increase in its net profit for the second quarter, reaching 1,017 crore Indian Rupees (approximately $137 million). The company’s strong financial performance reflects its effective operations and strategic initiatives in the power sector. Tata Power has been actively involved in renewable […]
